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Aug 3, 2009 4:00am EDT
bosses are faring. up 6.1%. the ftse in terms of percentage had its biggest gain. using 4600 as a flaw. the dax being the outperformer up 0.8%. cable trading 1.67.. >>> let's move on and look at some of the asian stories with chloe. good morning do you have. >> good morning, steve. approximate we had a strong session for a monday. a lot of optimism that the growth picture in asia is very much on the way, bolstered by the pmi numbers out of china. a lot of green, as you can see, with an exception of the nikkei. a tad lower, but hanging above that 10,000 level. the south korean kospi pulling ahead by half a percent, setting the tone for the rest of asia for the month of july. look at the numbers, actually down for the month, 20%. still better than expected. over in the greater china market, more news. the hang seng up by 1.1%. investors getting a lot of conviction over those pmi numbers. the bombay sansex also higher by half a percent. it will be about the job numbers we get out of the u.s. later this week. >>> nymex light sweet crude processed $70 per barrel. gaining ground by more than
Aug 13, 2009 4:00am EDT
in the u.s. the retail sector is in focus today as walmart posts second quarter results. >>> hello and welcome to cnbc's "worldwide exchange." so global equities trying to be firmer. the ftse cnbc 300 is up 21 points. we managed to get a positive close in wall street. european stock markets had a bit of a boost here this morning with the growth numbers out of france and germany. we're going to get the eu whole number coming out in a while. the ftse 100 up 0.8% as well as the xetra dax. cac 40 up 0.7% and smi up 0.5%. what happened this morning, the growth dmeft irk numbers up 0.3% in germany. it's down on a comparative basis, 7.1% less than where we were standing for growth a year ago. but quarter on quarter, it was positive. that helped the euro extend some gains against the dollar this morning. euro/dollar up to 1.4245. dollar is firmer against the yen and sterling rebounded, as well against the greenback. >> those upbeat comments from the fed gave markets here enough region to cheer. markets gaining higher in asia, for instance, the nikkei 225 up 0.8%. the kospi marginally lower
Aug 11, 2009 10:00pm EDT
i speak for all of us, our deepest condolences to the family. up next, john roberts sitting in for anderson cooper. >>> thanks, wolf. tonight, separating health reform fact from fear and a town hall meeting with a big difference. president obama. he attended one today in new hampshire and a guy outside packing heat, carrying a sign calling in so many words for death to tirades. the quotation of thomas jefferson. out in the open, a handgun. meantime, at the office of georgia congressman david scott who took on protesters the other day, someone painted a swastika out front. as you will see in a moment, anger at town halls across the country. that said, there were moments of clarity and we help to add some of our own tonight. first, president obama at por portsmouth high school in new hampshire in his own words. >> i don't think anyone should be in charge of your health care decisions but you and your doctor. i don't think government bureaucrats should be meddling but i also don't think insurance company bureaucrats should be meddling. that's the health care system i believe in
FOX News
Aug 8, 2009 6:00pm EDT
joins us live. nice to see you always. i wish it wasn't under these circumstances. we heard from mayor bloomberg that if there are going to be any changes to the rules as far as the air traffic above the skies of new york city and manhattan, the area you preside over, it will have to come from the federal government. what kind of changes would you like to see federal authorities put in place? >> first of all, there is going to be an investigation and that investigation will take some time. but the reality is this is not the first time we've had an accident in the burroughs of manhattan. with a small plane. today it was a helicopter and a small plane. we've had loss of life. i think we have to start digging deeper and figuring out do we have the best safety protocol in place to deal with the skies which are full of small planes and helicopters and underneath that, are millions of new yorkers who look up hoping that the sky is safe and when we see a tragedy like this, we shouldn't wait for an investigation to be complete. the federal government should be meeting tomorrow morning. i'm goi
Aug 26, 2009 3:00pm EDT
if there's a backlash against that. phil lebeau, thanks so much for joining us. and you heard it first on "street signs," the demi-ashton indicate or. sanjay kapoor told us to look to invest in countries that have an older population like demi moore over a younger generation like ashton kutcher. well, it turns out the hollywood power couple watched them and they weighed in on the demi-ashton ratio via twitter. here are the tweets between the couple. ashton says to demi, "i love that we've become the demi-ashton ratio. lmao. you can figure out what that means on your own. it seems that i'm now a control factor in the markets. he goes on to say that -- this is ashton. "i love that i'm described as the beer-drinking party boy with no cash." i guess he feels like he's done a few things recently to make some money, and probably rightly so. but that's pretty funny. they're watching "street signs." let's take a look at the markets here as we get into the close. we were just barely in positive territory. at last check the dow has now turned negative just in the past few minutes. it's essential
FOX News
Aug 29, 2009 12:30pm EDT
for the opportunity to have worked with him in the united states congress as his colleague. i admit, i used to hang on to his t-shirt and his coat sleeve on the capitol when i was just a little boy. so when i got a chance to serve on capitol hill, all i needed to do was set my compass to the principles of his life. my father and i were the primary sponsors of the mental health parity and addiction equity act which was signed in law last year. this bill represented not only a legal victory for 54 million americans with mental illness who are being denied equal health insurance, but as one of those 54 million americans, i felt he was also fighting for me to help ease the burden of stigma and shame that acompanies treatment. i will really miss working with dad. i will miss my dad's wonderful sense of self-deprecating humor. when the far right made dad their poser child for their attack ads he used to say, we kennedys sure bring out the best in people. (laughter) >> and when he first got elected and my cousin joe was a member of congress and i came to congress, dad finally celebrated, saying, finally,
Aug 11, 2009 4:00am EDT
loss for the second quarter. >> i'm bertha coombs in the u.s. the fed kicks off for a two-day meeting. >> hello and welcome to cnbc's "worldwide exchange." global equities are trying to nudge higher at the moment. the ftse cnbc global 300 is up 7 points this morning. an hour into trade, we have gains after slim losses yesterday. we hit ten-month highs on friday. we'll see whether we can finish back at the highs today. european stock markets one hour into the session, we're up 0.4% on the ftse 100. xetra dax up 0.6%. cac 40 up 0.6% and smi nearly flat. the chinese data shows below forecast factory expansion, as christine was talking about. dollar/yen, 96.85. euro/dollar, 1.4160. sterling/dollar is below 1.65 at the moment. euro/sterling is very much in the ranges. christine. >> here in asia, a positive showing across the board here. in china, we had that industrial production number arising for the month of july, but coming in below expectations. this particular data, really, the key focus. the nikkei 225 up 0.6%. the kospi up 0.2%. the bok kept rates steady there, as well. the shangha
Aug 18, 2009 5:00pm EDT
into spotsylvania county. anon cctwastn ios scheduled to begin next summer. transportation officials tell us they are putting the plan on hold now because of financial concerns about how to pay for the roads. as well as opposition from some local governments about the impact that they will have on traffic. meanwhile, a reminder for drivers in our area that the school year is just around the corner and that means more cars out on the roads. aaa reminds us to warn drivers to start slowing down now. classes start as early as next week for students in the district. that means slowing down to 15 miles per hour in school zones in d.c. and in maryland, motorists should be aware of the speed camera program that will expand statewide this october. currently only montgomery county us speed cams in school zones and near school property. >> with less an week before school opens in the district, city health officials are stepping up efforts to make sure students have all their require shots. special clinics will be open later this week. tom sherwood joins us with a story. tom? >> the city is doing a lot
Aug 21, 2009 3:00pm EDT
that was an important one he was watching, and he says that could mean that the technicals aren't going to take us much higher from here and that you could see some selling pressure come monday. still, the bull thesis remains. as the buck burns, things priced in dollars continue to reflate. we're seeing that also play out in the overall stock market side. on the fundamental side of the thesis, demand looks like it could potentially be improving. remember, earlier this week we got that very bullish inventory report, and john kilduff of mf global says that he's seeing some strength in the markets with stocks moving higher and also with the idea that perhaps really this is a genuine demand turnaround, that we are seeing some genuine strength in the markets. where we're not seeing strength is in natural gas. that is still on the weak side, rick, and it's more of a u.s.-centric story. natural gas versus oil. natural gas is u.s. oil, more world. back over to you in chicago, rick. >> well, thank you, rebecca. and it has been an unreal world in terms of treasuries this week. first of all, volume's been somewha
Aug 26, 2009 4:00am EDT
, as well, currently standing at $72.34. the weekly u.s. inventory reports coming out today, 10:30 new york time, a dow jones forecast is calling for oil to fall by 600,000 barrels, gasoline to drop by 1.1 million barrels and distillates to rise by 300,000 barrels. what does this wednesday have in store for u.s. stocks? for that, we'll check in with mike in the u.s. good morning to you, mike. good afternoon and thank you, maura. kind of an interesting move in oil after hitting $75 a barrel and closing lower. but here in the states, it looks like the dow, at least, could roll a lucky seven when the opening bell rings in, what, 5 1/2 hours from now? all of the three major indices pointing toward a higher open this morning. and interesting, i think worth pointing out, is that the nasdaq is up a whooping 660% off of the march lows. even with stocks moving higher yesterday, we saw the price of treasuries going up, as well. let's take a look at what the bund is doing this morning. we have the yield on the bund creeping up ever so slightly at 3.26%. the yield on the benchmark ten-year t-note here
FOX News
Aug 8, 2009 5:00pm EDT
to happen. thanks for talking to us. >> gregg: all right. we want to set the scene right now. >>> 29 minutes after 5:00 o'clock east coast time. it has been a horrible day because of this tragedy on the hudson and they are still out there. they are searching for bodies, seven of which they hope to recover because of this midair collision. we want to tell you also that because the two-hour business block was preempted for this breaking news, this is go to air tomorrow, the business block, sunday, august 9, from 2:00 o'clock to 4:00 o'clock eastern time. so if you missed your business picks and there are a great many people who are looking forward to that, you can get it tomorrow, 2:00 o'clock to 4:00 o'clock east coast time. fox news business block. >>> continuing now with this fox news alert, i'm gregg jarrett along with julie banderas. >> a tour of the new york city skyline touring tragic for a group of tourists today. >> a helicopter carrying five italians crashed midair with a single engine plane over the hudson river right between manhattan and new jersey this afternoon. according to the
FOX News
Aug 31, 2009 6:00am EDT
'll answer those questions and a few more. slogan comes to us from jack in georgia. north, south, east, and west. "fox & friends" is the best. [captioning made possible by fox news channel] captioned by the national captioning institute brian: i recognize that music. steve: welcome aboard. gretchen: we are up in gear. steve doocy is back from vacation. i hope had you a wonderful time. steve: i went to the mother land of ireland for seven or eight days. it was fantastic. brian: meanwhile when the judge came back he found kilmeadian, the town. you came back with a w. no information about my ancestors. steve: i was at a place called kilmeadian jail. gretchen: it's not about you, brian. brian: i think it is. let's talk about the myriad of issues including firefighters out of in california. gretchen: start with your evidence lines for a monday morning. a bunch of stuff going on today including this fox news alert. a massive wildfire burning out of control near l.a. leaves two firefighters dead. vehicle overrun by fierce flames. plunged off the side of a mountain. captain
Aug 20, 2009 7:00am EDT
. and hurricane bill sets its course near the u.s. >>> still missing. the tearful father of a georgia woman who disappeared on a walk on a rural road, pleads for news and his daughter's safe return. a "gma" exclusive. >>> oprah winfrey and dr. mehmet oz, suing companies, saying they falsely use their names to endorse health products. dr. oz speaks to us. >>> and look at this picture. a world champion female track star faces the question -- is he a world champion female track star faces the question -- is he is a woman or a man? captions paid for by abc, inc. >>> and good morning, america. diane sawyer, chris cuomo. robin roberts is off on this thursday, august 20th, 2009. and the dangerous weather will not step for the people in the midwest. tornadoes ripping through minnesota, wisconsin, iowa. in a moment, you're going to hear from a brave, young boy, in illinois, who was home alone in his basement, when the drnd blew away his house around him. >> the sounds outside of his home was louder than the music he was listening to. >>> and we're following hurricane bill. 800 miles south of bermuda. it
Aug 26, 2009 6:00am EDT
morning, obviously, ann thompson of cnbc in hyannis port bringing us the news. john harwood is our chief washington correspondent and joins us in d.c. today. john, people are going to immediately turn, at least in the business world, to try and answer questions about what this means for the liberal agenda, business policy going forward. do you see any effects in the short to medium term? >> i doubt it, carl. you know, ted kennedy is, as that statement from barack obama said, the foremost legislator of this time. his career had incredible impact for decades. his family had an even greater impact for an even longer period of time. he's one of 60 votes in the senate. there are many like-minded senators. there are strong committee chairs trying to move health legislation and i think democrats will try to use the emotie emotional bounce and umph from this moment and the grief people are feeling to try to propel this initiative forward. but i don't see a very, very large impact in the short-term or the medium term. democrats are going to end up with another senator from massachusetts, whenever
FOX News
Aug 10, 2009 9:00pm EDT
the democrats have compared those of us who oppose health care, they've compared us to nazis, they've called us brownshirts, crazed mobsters that are manufactured by the r.n.c. and now they're accusing people of being un-american, all in an effort to shut down dissent. so they steam rolled this bill through congress. will they be successful? this sounds as american as apple pie when people are speaking out. joining us now, the author of "the new york times" bestseller, "catastrophe," dick morris. drowning out opposing views is simply un-american. the d.n.c. called the american people mobsters. congressmen have referred to these people as being like tim mcveigh, nazis, political terrorists. and the president himself wants everyone to shut up. what are they thinking? >> well, they're not only going to shut them up, they're going to cut off debate with 50 votes in the senate and jam it through. look, this only worked when nixon did it, because the demonstrators were 18-year-olds with hair down to their ankles. sean: right. >> everybody said they're burning draft cards, they're un-american, and tha
Aug 31, 2009 6:00am EDT
. meteorologist steve fertig is here to tell united state us hos and if it's going to last throughout the week. >> good morning, patrice. it's going to last through the day. although it will warm into the 70s this afternoon. it's a cool start and it will be a cool couple days before we see a warm up before the weekend. we will look forward to 80s then. today 75. at the bus stop, here is where we start. 63 degrees, there are locations to the north that are starting in the upper 50s. as patrice said it, a chilly start and you might want the light jacket. mostly cloudy skies. and we should some sunshine mixed in during the day. you will see the 50s up in pittsburgh and in general, 57 in harrisburg, and more 50s as you go further points toward buffalo. it's going to be a chilly start for everybody in the mid-atlantic and the northeast and you see showers to the south, staying to the south and high pressure staying to the north. it fights off the shower activity to the north. if you're in the north, expect showers, and then they will taper off by afternoon and we will look forward to clear or clear
Aug 12, 2009 4:00pm EDT
by government death panels and that care will be rationed and medicare cutlandol drs dollars used to fund abortion. are those true or false? >> in general, false. >> reporter: lori robertson from nonpartisan >> just hope that people would say well, wait a minute, that doesn't sound quite right. let me look into that a little more. >> reporter: many americans are angry about the recession and all of the bailouts and big government. >> it's housewives and it is bus drivers and it is plumbers and people with real jobs who just feel like things are out of control in washington. >> reporter: says president obama is untruthful when he says health care reform will be paid for when, in fact, the plan is a work in progress and who pays is not yet settled. one way to get passed the myths is to go to the websites they are now tral and nonpartisan. steve handelsman, news4, capitol hill. >> a live update from senator cardin's town hall meeting in hagerstown coming up on "news4 at 5:00." >>> a man was hit and killed by a metro train this morning. it happened at
Aug 12, 2009 7:00pm EDT
that uncle sam is borrowing too much and spend doing much, which will slow future prosperity and buy us a system toward inflation. in the short run, excess liquidity from the fed may be good for stocks. in the longer term, it is not good for stocks or the economy, or your pocketbook. that's my take. we will talk about this at several points during the show with our fedex expert and our investors. now, first up, let's look at this triple digit gain and go to rebecca jarvis whose has the inside look at stock market central. hello. >> hello, the two day losing streak comes to an end and stocks hit their high just after the statement. you heard it on the economy. things are leveling out. traders read that as stable day, a hint of optimism. bullish news out of toll brothers. they went up 3.05. and we'll talk about it later on the show. you do see the upside all the home buildersment macy's beat expectations and raised guidance and said the new store concepts based more on regional taste are working. it got a big pop and since the march low, it's already up over 100%. from tech land, upbeat r
Aug 7, 2009 4:00pm EDT
situation? nbc's mike viqueira joins us now from the white house with all the answers, as always. so, mike, we'll start with that. how much longer can he go back and be referring to president bush? >> you know, it's interesting with all the good -- i guess good economic news, we can go ahead and call it now that we had last friday with the gdp report as the president himself mentioned today in the rose garden, today's unexpected news that the unemployment rate dropped 0.1%, i think the white house is eager to get out there and point out these things are happening and they're not bashful about the fact that while the claim that the stimulus package, which has caused them so much political heartache now, the numbers of the polls going down in terms of the american's approval of the president's handling of the economy and the deficit, republicans getting traction and criticizing him about the stimulus program and a perceived lack of effectiveness, white house not shy about saying the stimulus is in fact in large of a lot of this. robert gibbs summed it up. i think the president has had a pret
Aug 18, 2009 6:00pm EDT
credit card theft in u.s. history. >>> columnist and tv commentator robert novak died this morning here in washington. >>> we begin tonight with news out of northeast d.c. where they found a body inside of a pizza shop this afternoon at a restaurant that had been set on fire. good evening. i'm jim vance. at y bth wodouasnd f at at body was found atza piz ma t prt mart at frtee sttr izms seet se bckenn oisnhe jackie bensen is on the s on th >> reporter: news that an employee had been found dead, murdered, inside the pizza mart here at fourth and adams street northeast has sent shock waves through the neighborhood just off rhode island avenue northeast. right now, police are looking into the possibility that the man was murdered last night. and not discovered until officers were sent to check on his welfare about 1:00 this afternoon. the thing that has investigators somewhat puzzled at this point is that police tell us the restaurant was locked uptight when the first officers arrived and they had to force entry inside and neighbors tell us they are very upset about this. >> very nice man
Aug 19, 2009 12:00pm EDT
inventory report has its impact on the market, bob pisani kicks us off with our coverage at the new york stock exchange. hi, bob. >> sue, in fact, those inventory levels did, in fact, move the market, moved energy stocks. but first i want to show you the s&p 500 here very quickly. we hit 990 on the s&p, and it moved up very quickly after that. i think that that was a little area that was very important for a number of traders. that's about where we closed yesterday, and so the bottom line here is, a little more volume here in these exchange-traded funds that track that s&p when it hit 990. remember, the volume is still on the thin side. you look at energy stocks, sue is right, oil inventory showed a draw down. and energy stocks, which by the way, have been basically going sideways for the last several months, also took off here. of energy stocks are the biggest sector in the s&p 500 moving to the up side. finally, deere earnings out, had the conference call. the story is pretty simple. they're expecting break-even earnings in this quarter. we were expecting a gain of 35 cents. the reason
FOX News
Aug 2, 2009 6:00am EDT
, weigh in, let us know how you feel about this, men versus women, apparently women have a different reaction to cold temperatures than men do. >> finally, scientific proof because we've been having-- >> we were trying to await this study. >> a battle royal at every-- as i do with my work husband every single weekend, the fight about temperature. >> we already had one. >> this morning, it was the worst. >> five minutes ago. >> cold, too hot. >> but first let me be clear, the president likes to say let be me cheer. in fact, it is his favorite phrase, one he's uttered over and over and over again in his first few months on the job, an interesting article on the, how frequently the president uses this phrase and exactly what it accomplishes, gee guys. >> from excuse me president bush's former speech writer, it's a phrase, a verbal twitch. an example of president obama using the let's be clear linements first of all, let me be clearments let me be clear. >> i just want to be clear. let me be clear. >> so let me be clear. >> i want to be clearments i want to make clear. >> i
FOX News
Aug 11, 2009 6:00am EDT
own town hall meeting. steve: kelly joins us from washington, d.c.. tempers are flaring last night. >> we have seen a lot of this going on. in the state of maryland, we're talking about senator cardin. outside, you are looking at the protesters shouting. these are the protesters for and against health care. those are hearing and shouting at each other. fortunately, no violence. on the inside is where the sparks were flying as well. the vigorous debate continued on the inside. it was pretty much the same thing on the outside. here is what center been carted -- senator cardin was facing. >> united states ranks 37th on health care results out heaof 191 countries. >> if you will just allow the senator a few more moments and we will get to the questions >> basically, you have people using their right of free speech and been very vigorous in their debate against health care. this has been going on across the country. the president of the united states said he welcomes vigorous debate, but in the long run, he would like to see more cooler haneads prevail. brian: i heard the stuff was goin
Aug 11, 2009 2:00am EDT
we help them to enhance what they had, to use it better, and to use additional functions around population management and care planning. we fanlight -- we found that our criticisms were helpful and they could do it. most of them came back to was very excited about it, but says they were paying for this themselves, to sustain this day needed change meant in the payment that a guy. we call this paid-for-proactive care, for all setting and interviewing for behavioral change and education. mber per month is . is really helpful to see some cost savings and the clinics really needed to be able to refer whoever they could -- that they saw the need for, into the program to make it work, to make that efficiency work. so that's really what i had to say. thank you again for having me. >> thank you. sue, take us to colorado. >> thank you. it's my pleasure to talk about the medicaid medical homes for children pilot that we initiated a couple of years ago. and i'd like to share some brief background to put it into context. when governor bill ritter came into office in 2007, healthcare was a t
Aug 9, 2009 2:30am EDT
and winery in western sonoma county, thank you for joining us, we hope you enjoyed your stay in wine country and we'll see you again next time. for more information about today's show, log onto our website >>> hi, everybodying welcome to "the wall street journal report." i'm maria bartiromo. it's all about jobs. the key employment report just out. what it means, what it tells us about the economy and what is next. >>> she is one of the most powerful women in business in the world. we'll talk with pepsi to find out where the fizz is in her biz. >>> chris gardner's amazing story. from the homeless shelter to wall street continues. with advice on how to use your passion to find success. "the wall street journal report" begins right now. >> this is america's number one financial news program. "the wall street journal report." now, maria bartiromo. >> now here's a look at some of the stories in the headlines this week. >> here's a look at what's making news as we enter a new week on wall street. for the first time since april of 2008, the unemployment rate actually fell. the job
Aug 12, 2009 5:00pm EDT
to recover. >>> the search for chemical weapons in a northwest d.c. neighborhood is on holdor now. the u.s. army corps of engineers stopped its search for world war i munitions in the spring valley neighborhood. after a worker digiscovered an ith a c werh a mustard agent. the discovery was made last week at a vacant home behind american university's campus. the school was once used to develop and test chemical weapons during world war i. workers have been searching for munitions for a number of years now but it is unclear when or if further excavation will take ace. >>> still no cause yet to a fire that damaged this home in white oak today. firefighters were called to a home on symphony woods drive this morning. when they arrived they found flames shooting from the back of the house. three propane tanks that were in the back were on fire. the flames quickly spread to the second floor andatic of the house and no one washurt. firefighters rescued three pets from the burning home. >>> the dogs that attacked and killed a young man in leesburg have been put to sleep. loudoun county animal contr
Aug 19, 2009 6:00pm EDT
's suffering from terminal prostate cancer and he's asking to return to libya to die near his family. seven u.s. senators, including edward kennedy, have sent scottish authorities a letter demanding that he remain in prison. he was convicted of planting the bomb that caused the crash of pan am flight 103 in december of 1988. most of the passengers on that flight from london to new york were americans. 270 people in all were killed. >>> a soldier from virginia has been killed in afghanistan. sergeant first class william woods jr. was from chesapeake. woods died on sunday at a hospital in germany. he was shot two days earlier while on patrol in afghanistan. he was based in maryland. he was 31 years old. >>> the final equipment and battles are being delivered to most remote corners of afghanistan for use in tomorrow's presidential elections. the materials are delivered by truck as far as the roads go and then put on donkeys for the rest of the journey. the contest is between current president karzai the foreign minister. the strategy is to build alliances with tribal leaders. abdullah has been pro
Aug 26, 2009 6:00pm EDT
, massachusetts. during his nearly five decades on capitol hill, kennedy served alongside ten u.s. presidents vigorously championing causes such as health care and civil rights, earning him the nickname the lion of the senate. michelle franzen has our report. >> reporter: good evening. short time ago senator john kerry, who just left the kennedy compound, came out to give a statement. he said that the family is having, obviously, a difficult time today but they are pulling together and holding a private vigil tonight. this compound served as a retreat and at age 77, senator nnedy was the patriarch of a dynamic family dynasty that captured america's attention for more than a half century. tributes poured in today for a towering figure in american politics. s are zpents visitors in hyannis port left flowers for senator kennedy near the family compound. a summer haven, now in grief, along with the nation. >> regardless of what people thought about ted's political ideas, they are going to hurt. because they lost a gat guy. >> reporter: at the family compound, a steady stream of family members. ke
Aug 17, 2009 11:00am EDT
is is a problem here. stocks up 25% but telling us not much in the term of in way of top line pickup in the third quarter guidance. 6 to 10%, they declined 9.5% in the second quarter, not a sequential improvement we are seeing. as a result, trish, analysts raising estimates the second half of the year and 2010 are going to have pressure lowering the s & p there is lowe's from the month, 18 to $23. >> a subsector. lowe's is so tied to the housing market and not having a recovery. >> they did say they were -- receive sold signs of bottom. remember, these stocks have been moving up in anticipation of top line growth would be manifesting itself in some way, even modestly, and they are not really getting that, not getting the support they need from the bulls. >> talk about later in today's session, late-day rallies, it possible today? >> going to be harder today for a very simple reason. the market opened down immediately almost 200 points. think about what's happened in the last month and a half. when the market opens, people who don't believe in it start shorting the middle of the day and have to co
Aug 7, 2009 7:00pm EDT
market. they are driving the turn towards economic recovery. let us give them c. as for today's job market reports, this came in at minus 247,000 jobs there. was a 43,000 improved revision from the prior two months but the whole total beat the street consensus of $300,0300,000 loss. is it possible cash for clunkers is helping with manufacturing hours? we may see the first positive production report out in a couple days, this july, be the first positive one since last october. but in truth there, are negatives, i want to be balanced. the labor force is still shrinking, that is not good. jobs are still dropping, that is not good. i don't think today's 9.4% unemployment rate is going to hold as the peak. former labor secretary robert reich and last night's bullish jobs man joe lavorgne will hash all this out in a little while. let me again underscore my take on the new bull market and the turning point towards economic rebound. these are transformational issues that are changing the investment and business landscape. as for investors out there, you have earned a wee bit of optimism aft
Aug 26, 2009 5:00pm EDT
supported statehood from the very beginning. he believed in us. he said that d.c. should not be the nation's last colony. >> reporter: jenkins walked up to kennedy and barack obama last year at american university. >> and i went right up to them and they -- informed me enthusiasticallyhat yes, we support full statehood. >> we will hear more about local people who fell the kennedy impact right here in the nation's capital. wendy, back to you. >> tom sherwood, thanks, tom. >>> senator kennedy was a true champion of health care. one of his life's long goals was to achieve universal health care for america. a goal he would never see completed. it was one year ago that he spoke about that at the democratic national convention. >> and this is the cause of my life. new hope. that we will break the old gridlock and guarantee that every american, north, south, east, west, young, old will have decent quality health care as a fundamental right and not a privilege. >> kennedy's colleagues and congress continue to grapple with what the late senator called the cause of his life. and lawmakers are saying
Aug 31, 2009 6:00am EDT
oil out of -- >> $72 is still a good number. it used to be in the u.s. they wouldn't do anything. >> talking about oil prices? >> yeah for $48 or $46 was a cutoff point. and 72 now, people really i thought underestimated the oil field companies, first of all their book was booked up for a long way out for higher oil prices. some of it comes off and leaves a formidable book and $72 for a lot of these projects is still very, very -- >> you covered oil for a long time. >> jack of all trades. well, there's a whole pile of stuff to talk about on economic front today. the new survey of the forecaster says the united states doesn't need a second fiscal similar lus package but instead should cap government spending over the next two years. the semiannual poll by the business economic finds most surveys were worried about the outlook for the government's budget. now, we will actually get the full story in the next half hour here on the show. we're going to be joined by chris varvares. >>> let's talk more about the federal reserve. the federal reserve reportedly making about $14 billion o
Aug 27, 2009 9:00am EDT
of stuff positively going to impact us even further. >> on this better than expected issue, the expectations were so dire. we were talking about the depression-like scenarios. it's easy to be better than expected these days, isn't it? >> yeah. the hurdles are going to become higher. we're also getting to a point where the reports will be good. the sim report, next one might be 50%. we're going to need that, you're right, mandy. but i think that's where we are headed. i just think that rather than get spooked out of a 5% or 10% correction and miss another 30%c move, i prefer to stay focused on what it could do in the next couple of years. >> we never talked about brett favre, either. congratulations in advance of that super bowl. >> we're going to win that super bowl even if we've got to wear green and gold. >> jim, rich, thanks, guys. make sure you join us tomorrow. "squawk on the street" is up next. >>> this is news now. >> bboeing shares are higher. first time claims for jobless benefits fell to the first time last week to 570,000 considering the claims fell four
Aug 18, 2009 12:00pm EDT
glad that you're with us on this tuesday. i'm christi paul. welcome to "hln news and views." so good to see you. breaking news we're learning about today regarding michael jackson. he'll be laid to rest on what would have been his 51st birthday in glendale north of los angeles on august 29th. that's next saturday. a family spokesman says the singer will be buried in the cemetery's great mausoleum which features replicas of the works of michelangelo. the ceremony will be limited to family and close friends though. remember, jackson died on june 26th. >>> his family though may file a wrongful death lawsuit against the late singer's concert promoter. a family attorney says jackson's family thinks aeg live played an active role during the last six months of his life and apparently paid for dr. conrad murray's services. remember, murray is at the center of a criminal investigation into jackson's death. >>> i want to let you know we are getting breaking news in. we're just learning here journalist robert novak has died. his family says he died of cancer. the longtime columnist was a cnn ho
Aug 27, 2009 6:00am EDT
'll be buried in arlington national cemetery near his brothers. >>> 44 u.s. troops have died in august. the latest is an american serviceman who was killed in a militant attack today involving a roadside bomb and gunfire. more than 60,000 u.s. troops are now in afghanistan. >>> l.a. police say former model jasmine fee yorery may have been killed in her car. they found her mercedes benz in a parking lot yesterday, and now they're checking it out for clues. meanwhile police in canada are searching for the car driven by a woman who dropped off fiore's husband at a hotel before he killed himself. police might have a lead. >> we have what you could call circumstantial evidence. we know -- we know for a fact that ryan's father, dan jenkins here in calgary, owned a silver p.t. cruiser which matched the description of one found outside a hotel in british columbia. we know a vehicle similar to that one is now 700 miles to the west of us in vancouver, british columbia, parked in the building where ryan's half sister helena now lives. >> they say they cannot file charges against a woman who drove
Aug 27, 2009 3:00pm EDT
much for joining us. we appreciate it. >> you bet. bye-bye. >> real quick let's take a look at the market here before we go. on the day we're up 44 points but that doesn't really tell the whole story because we started down pretty significantly on the day. we've had i atriple-digit snapback. we were above 9,600 a short time ago. tjx, which is t.j. maxx, hitting a 52-week high. i'm melissa francis in for erin burnett. i'll see you here tomorrow as well. up next is "the closing bell" with maria bartiromo. >> announcer: this is "news now." >>> the treasury -- sold $28 billion in seven-year notes. >>> a&e networks is buying lifetime entertainment for an undisclosed amount. the deal gives nbc universal a partner with disney and hearse in a&e, a stake in lifetime which is jointly owned by its two partners. >>> sanford financial cfo james davis has pleaded guilty to three felony counts for his role in the firm's alleged ponzi scheme. that's "news now." first in business worldwide. i'm julia boorstin. >>> and there's a live picture of the floor of the new york stoc
Aug 10, 2009 12:00pm EDT
are going to e-mail us and hate us. people are buying it. >> you thought i was going to go ballistic over krugman's big government call but here is the deal. >> you never fail to surprise me, larry? >> i'll tell you, the reason i was relatively calm on a seasonally-adjusted basis. i think he has the story right, not the fiscal basis. >> look how happy he is. >> it's the monetary package. there is no question that the federal reserve used big government emergency policies to pour liquidity, guarantee deposits and bonds. there's no question.. i think krugman got the story right but for the wrong reason. >> what about the $800 billion stimulus package? >> to me, you'll never convince me that borrowing from peter to transfer the money to paul has any stimulative affects whatsoever. i still they would have been better cutting personal and business tax rates for that kind of money. i think that would add a bigger impact. just my thought. >> i like that i don't think he was talking about the monetary piece. >> i morphed it in. >> that's it for "the call." i will see you on closing bell. i'm meli
Aug 18, 2009 7:00pm EDT
democrats because we feel it's the first step towards government takeover of health car care. >> with us now is our dynamic you do woe, cbs contributor robert reich, whose book is called "super capitalism" and stev steven moore, "the end of prosperity." i have such a headache on this issue and i don't know who's going to pay for the aspirin. robert, i know you are in favor of the public option but should the president be pragmatic now that the polls are against him and saying it's not going to happen. should he give up. >> he should not give up because a public option is very critical. you have to have competition amongst the insurance companies, there is not enough competition. we saw monday insurance stock soared over rumors on the weekend the president is backing down from the public option. it's all about money and the more money they make, the more health insurance will cost. number two, the white house has to be very specific the president is not going to sign a bill that doesn't have this in it. all the waffling that's gone on over the last two or three days an waffling whether the pr
Aug 28, 2009 10:00pm EDT
given to all of us. and thank you, vicki, for loving him with all your heart for so many years. and bringing him so much happiness. bringing him so much joy and to jean, i know you've lost your soul mate because you and teddy led each other's lives for your whole entire lives and all your nieces and nephews are here to help you. welcome to this library that teddy built and brought to life with his spirit and dedication to public service. as many of you know over the last few years, or really for most of my semicult life, one of my part-time jobs has been introducing teddy to crowds of people who already knew him incredibly well. although this was unbelievably stressful for me, it was just another one of the gifts that he gave me. when he saw that i was nervous, he would give me a pat on the back. he would call um and say, i've got a great idea. there's a convention coming up and maybe you would like to introduce me. and awful i would go on another adventure in public speaking. i always knew when i stepped down from the podium, i would get a big kiss and hear him whisper, now i'
Aug 3, 2009 6:00am EDT
in iraq. he's now at the u.s. embassy here. iran's media says that the three were arrested for illegally entering the country, and that an investigation is under way. now, switzerland represents american interests there because the united states doesn't have diplomatic relations with iran. you're going to hear more details about the three hikers including whether anyone warned them about hiking near iran's border. that is less than ten minutes away. >>> many anxiously awaiting to find out if congress is going to put more money into the cash for clunkers program, but there is a debate over this wildly popular incentive. remember, they blew through the money in like a week. jennifer westhoven is looking into that. more, more, more, give us more. >> we don't know what will happen. if you rushed out and you got yourself a deal over the weekend, good, because cash for clunkers probably burned through its billion dollar budget already. it might get extended. the house said they found another $2 billion for the program, but they need senate approval. republican senators are threatening to kill
Aug 20, 2009 5:00pm EDT
for a possible hit. meteorologist tim williams is keeping an eye on the tropics for us, tracking hurricane bill. what's the latest? >> that storm is going to be following a very narrow path, going through bermuda and the united states. it is currently about 600 miles to the south of bermuda now. and moving just off to the northwest. this is the epihansed satellite -- enhanced satellite picture, with that very, very distinguished eye there. this is sending it out, around 100 miles out or so from the center. and tropical storm forced winds farther out from that, closer to about 150 to 200 miles out. this is the way the storm is off shaping up. category 3 storms with gusts up to 155. this storm is going to be moving into the direction of the mainland u.s., moving to the northwest, at just around 18 miles per hour. but expected to make a pretty wide sweeping right turn before making any contact with any land. no landfall expected out of this storm, i should say. it is going to be moving up to the northwest. as it starts to move just along the coastline, we'll expect to see heavy swells. very strong
Aug 13, 2009 5:00pm EDT
of shakita bell who went missing 13 years ago. using backhoes and cadaver dogs, police returned this afternoon to the wooded area of old fort road in fort washington where bell's confessed murderer says he buried her. they did not find a body but unearthed a shoe and piece of clothing. bell's mother says the shoe is the same size as the one shakita would have worn. police will be back out there tomorrow morning. a 12-year-old boy is still fighting for his life tonight after a serious crash that left him and three other young people injured. it happened last night in germantown at the intersection of ridge road and morning star drive. police say the four young people were in a car that was trying to make a left-hand turn when it was rear ended by a pickup truck. all four were taken to the hospital. one is in critical condition and no word if there will be any charges. >> a man is dead tonight after a boating accident in diehl, maryland. police tell us 77-year-old ha y harry -- his boat hit a jetty here. it happened last night in anne arundel county creek. the police say tallo wa
Aug 14, 2009 5:00pm EDT
vick returning to the nfl as a philadelphia eagle. dan hellie joins us now with more on what this means and vick is talking now. >> yes. turnout at the eagles practice facility, largest in years. nearly 100 media members and two dozen cameras soft spoken and remorsef remorseful. michael vick talking about his return to the nfl. vick is back in theame after serving 18 months in federal prison for his involvement in dog fighting. the eagles say there will be no third chances for vick. if he screws up, he's gone. and animal rights groups already set billboards by the stadium blasting the signing of vick and the headline in today's philadelphia paper -- hide your dogs. as for vick he was saying all the right things. >> i was wrong for what i did. everything that happened at that point in time in my life was wrong. and, you know, unnecessary and, you know, to this day, i can't understand why i was involved in such pointless activity. and why did i risk so much at the pinnacle of my career and i was naive to a lot of things. but i figure if i can, you know, help more animals than i hurt, then
Aug 30, 2009 7:00pm EDT
-waste is recycled properly, right here in the u.s., not simply dumped on somebody else." that policy helped brandon richter, the c.e.o. of executive, win a contract with the city of denver and expand operations into three western states. tell me what the problem with sending this stuff overseas is. >> brandon richter: well, you know, they've got low-income labor over there. so obviously, they don't have all of the right materials, the safety equipment to handle some of this material. >> pelley: executive does recycling in-house, but we were curious about shipping containers that were leaving its colorado yard. we found this one filled with monitors. they're especially hazardous, because each picture tube, called a cathode ray tube or c.r.t., contains several pounds of lead. it's against u.s. law to ship them overseas without special permission. we took down the container's number and we followed it to tacoma, washington, where it was loaded on a ship. when the container left tacoma, we followed it for 7,459 miles to this place-- victoria harbor, hong kong. it turns out the container that started in
Aug 3, 2009 2:00pm EDT
joining us now to discuss, secretary? we are talking frequently these days. certainly what you said came true. many, many people have been going in. if the program does not get the funning from congress, when will the dealers have to tell people it's over? >> this is a wildly popular program and the two billion additional dollars for the program that continues to pass the house will go well over 300 votes and the house members knew the people wanted it and we are working very closely with the senate and the white house to be sure that senators know how important this program is to the automobile industry and the american people and american workers. this is the one stimulus program that seems to be working better than any other program. it's a lifeline to automobile makers and we will work closely so they pass like the house did. >> you are confident they will pass it. there have been focal voices against t. you will not go there, shall we see in terms of what will happen? . >> we think we have the facts on our side. we really believe that the fact that so many deals were made so quickly
Aug 28, 2009 11:00am EDT
used to live in -- i won't mention where or -- the name of the store, but they had a big -- this was -- they had a big home improvement kind of home depot-type store. and the great thing about that store was, i could go in there and get advice on any project i was working on. is that the kind of store yours is? >> yeah, but that's the first part of it. the second part of it is to make money on that. if you come into my store and get advice and go to home depot to buy the product, i haven't made any money. >> okay. so how do you do that? how do you convert? >> my employees are trained, and we agreed, we did a survey of all my employees and asked them if they wanted to join the recession. they all voted no. well, that sounds silly, but they became part of the team of the store. they were there for the store to sell and make sure it succeeded on every part. when i -- >> bill? >> yes, go ahead. >> i'm sorry to interrupt you, but if we don't interrupt you and run a commercial, we're not going to survive. >> that's a good point. bill, we really enjoyed it. thanks so much for co
Aug 4, 2009 3:00pm EDT
want to start with some things that will give us insight into the consumer, whole foods and jack-in-the-box and papa johns all report after the bell. we'll get insight into the health of the u.s. consumer. sef fa lon and ea sports report as well, both stocks strongly to the upside. the nymex we have sharon epperson. >> a busy session in the electronic trading session today in the oil market as well with the oil inventory report coming out at 4:30 p.m. we settled down about 16 cents hovering around $71 a barrel as traders wait for this data to come out. we're also looking at the fact that after plunging to its lowest level since september, the dollar index today has been basically flat. that's another reason why we had rather lackluster activity in the oil complex today. what we're expecting according to the platt survey is for an increase in crude supplies of about 1.5 million barrels. gasoline supplies expected to be down. distill lats supplies expected to be higher. refinery runs continue to fall down to about 84% capacity. that cut in refinery run rates happening week after we
Aug 9, 2009 7:30pm EDT
just out. what it means, what it tells us about the economy and what is next. >>> she is one of the most powerful women in business in the world. we'll talk with pepsi's indra nooyi to find out where the fizz is in her biz. >>> and he wrote "the pursuit of happyness." how chris gardner's amazing story continues with advice on how to use your passion to find success. the "wall street journal report" begins right now. >> this is america's number one financial news program. "the wall street journal report." now, maria bartiromo. >>> now here's bob pisani with a look at some of the stories in the headlines this week. >> here's a look at what's making news as we enter a new week on wall street. for the first time since april of 2008, the unemployment rate actually fell. the jobs report for july was released on friday and it showed the economy lost 247,000 jobs, better than what many economists had expected. the unemployment rate dropped to 9.4%. the better than expected report is a strong signal the recession is ending. the market started august off on a bang. on monday, the s&p 5
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